Possible short for GBPUSD. Price has successfully completed a pullback to the trend line channel after the break out from last week. This could indicate a short bias. Price has also been recently rejected by a strong resistance line, also indicating the movement to the downside. FX:GBPUSD
Cable headed south and lowered on Friday. BoE and Brexit headlines could not help the decline on GBPUSD.
Before short-term trading strategy, I would like to remind our midterm prediction. The main trend is still bullish and 1.3671 is the first target of the GBPUSD.
Daily Indicators are still bullish. Price is above EMA 100 and EMA 50.
Short term :